Barrell, Ray (contributor); Hurst, Ian (contributor); … - 2003 - [Elektronische Ressource]
the means and variances of economic variables such as
inflation, output, and nominal and real exchange rates and interest … growth. Levels of investment, the capital stock and of output depend on the
volatility of output, inflation, interest rates …, inflation and
the exchange rate depend upon the choice of monetary and fiscal regimes and on the
structure of feedback rules …